9 Most Profitable Penny Stocks to Buy Right Now

5. Wipro Limited (NYSE:WIT)

Price Per Share: $2.87

TTM Net Income: $1.53 Billion

Number of Hedge Fund Holders: 19

Wipro Limited (NYSE:WIT) is one of the most profitable penny stocks to buy right now. On September 15, Wipro Limited (NYSE:WIT) announced that it is set to launch Wipro CyberShieldSM MDR in collaboration with CrowdStrike.

Wipro has expanded its partnership with CrowdStrike to launch Wipro CyberShieldSM MDR, which is an AI-powered unified managed security service (MSS). Wipro’s MSS will help in simplifying and strengthening enterprise security operations. CyberShieldSM MDR has a modern SOC that offers enhanced visibility, greater efficiency, and AI-driven automation.

“Wipro’s CyberShield platform, powered by CrowdStrike’s AI-native product suites and strengthened by our security ecosystem, will help enterprises contain threats swiftly and ensure continuity of digital operations. This integrated platform approach enables AI automated workflows, prevents lateral threat movement, and eliminates potential security gaps that fragmented solutions often miss,” said Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro Limited.

CyberShieldSM MDR, backed by CrowdStrike’s Falcon Next-Gen SIEM, addresses major security issues such as fragmented security operations across endpoints, cloud workloads, identity, and data drive complexity that increase costs and create operational blind spots.

Wipro Limited (NYSE:WIT) is an IT consulting and business process services company. The company operates through the IT Services and IT Products segments.